When it comes to Banks joining cryptocurrency, it can be compared to a cadaverous corpse. The EU has invited BBVA and Santander to join the blockchain. It has also invited three of the less prominent banks too. According to the company the goal that they consider the foremost is “to develop a trusted, secure and resilient European Blockchain Services Infrastructure meeting the highest standards in terms of privacy, cybersecurity, interoperability and energy efficiency, and fully compliant with EU law.” A meeting was conducted on tuesday which formalized the upcoming launch of IATBA. The main goal was “Bringing industries together for Europe to lead in blockchain technologies.”